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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Carnegie Clean Energy's Goodwill for the quarter that ended in Jun. 2026 was $0.00 Mil. Carnegie Clean Energy's Total Assets for the quarter that ended in Jun. 2026 was $16.24 Mil.
Therefore, Carnegie Clean Energy's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Carnegie Clean Energy (OTCPK:CWGYF) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Carnegie Clean Energy Goodwill-to-Asset Related Terms
Carnegie Clean Energy Goodwill-to-Asset Historical Data
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The historical data trend for Carnegie Clean Energy's Goodwill-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carnegie Clean Energy Goodwill-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Carnegie Clean Energy's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carnegie Clean Energy Goodwill-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Carnegie Clean Energy's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Carnegie Clean Energy's Goodwill-to-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carnegie Clean Energy (CWGYF) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Carnegie Clean Energy and its competitors.
Is Carnegie Clean Energy's Goodwill-to-Asset too high?
Carnegie Clean Energy's current Goodwill-to-Asset is 0.00. Overall, Carnegie Clean Energy has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnegie Clean Energy's Goodwill-to-Asset compare to competitors?
Carnegie Clean Energy's Goodwill-to-Asset of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Utilities - Independent Power Producers company?
A good Goodwill-to-Asset depends on the Utilities - Independent Power Producers industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Carnegie Clean Energy and its competitors. Carnegie Clean Energy's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnegie Clean Energy stock overvalued right now?
Based on GuruFocus' analysis, Carnegie Clean Energy (CWGYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.16 — trading 431.8% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Carnegie Clean Energy's overall GF Score™ is 24/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Carnegie Clean Energy (CWGYF), the current Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Carnegie Clean Energy (CWGYF) Overvalued in 2026?
Based on GuruFocus' analysis, Carnegie Clean Energy stock appears to be overvalued.
The current stock price of $0.16 is trading 431.8% above its estimated GF Value™ of $0.03.
GuruFocus considers Carnegie Clean Energy to be Significantly Overvalued.
Key valuation signals for CWGYF:
Goodwill-to-Asset: 0.00
GF Value™: $0.03 vs. price of $0.16 (431.8% above fair value)
No single metric tells the full story. See the CWGYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carnegie Clean Energy Ltd is the developer of utility-scale solar, battery, wave, and hybrid energy projects. The firm is mainly engaged in CETO wave energy technology/microgrid build, own, operator, which is developing and commercializing technology for zero-emission electricity generation from ocean swell, and the production and selling of energy through the ownership of microgrids; and Solar and Battery engineering and procurement. The firm realizes a majority of its revenue from Garden Island Microgrid through electricity sales.
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